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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: kernighan on October 16, 2017, 06:10:53 AM



Title: eth is weaker than you think
Post by: kernighan on October 16, 2017, 06:10:53 AM
https://www.coindesk.com/ethereums-geth-client-finds-vulnerability-less-two-days-before-fork/

check this articles. some core developer may not contribute frequently. such as CJentzsch, tgerring, gavofyork.
I hope ethereum could attract more talent and continuous grow, especially speed up pow -> pos transition. How the miner will react to future event, move away quitely to other mining project?


Title: Re: eth is weaker than you think
Post by: DRVX on October 18, 2017, 06:08:06 PM
Ethereum is beta, it is not secret! So problems can be.
But developers trying to do best things for it!


Title: Re: eth is weaker than you think
Post by: johnwest on October 18, 2017, 06:13:07 PM
Everything takes time. Even bitcoin is not perfect in many ways but we are growing as a community and supporting for a brighter future.


Title: Re: eth is weaker than you think
Post by: TimeHacker on October 18, 2017, 06:16:27 PM
I think that the whole crypto world is still in a beta testing stage. Nothing is perfect. It cannot be yet and it's OK because all cryptos are basically still in development, I think none of them is a final finished product yet.
So just be patient, excuse some bugs and mistakes and we'll see in 10 years how things will look like :)


Title: Re: eth is weaker than you think
Post by: roselee on October 18, 2017, 06:25:14 PM
Ethereum is beta, it is not secret! So problems can be.
But developers trying to do best things for it!

yes, I agree with you. there is still much that ethereum can do, they also have a strong community as their supporters.


Title: Re: eth is weaker than you think
Post by: jack05 on October 18, 2017, 06:25:40 PM
Every coin must have fall to grow up and be better than now. I think it is small mistake and it will not change anything.


Title: Re: eth is weaker than you think
Post by: NeuroticFish on October 18, 2017, 06:30:18 PM
Ethereum code is overcomplicate and full of bugs. Many said that long ago and not much has changed since then.
I am amazed that it's still successful, although I can't deny that the idea behind it was great. But with such a history with hacks, the split ETH/ETC, bugs and exploits I never invested in it. I didn't find that safe. Maybe it was a mistake.

What I want to tell is that many know more or less about Ethereum problems, but they still trade it and make big bucks of it.


Title: Re: eth is weaker than you think
Post by: P E K K A on October 18, 2017, 06:30:49 PM
eth grows pure, unlike other highly volatile altcoins, the price of this coin is very stable, but if seen from several years back, eth is the coin that increases most drastically than other large altcoin


Title: Re: eth is weaker than you think
Post by: Zeeks on October 18, 2017, 06:39:09 PM
Ethereum code is overcomplicate and full of bugs. Many said that long ago and not much has changed since then.
I am amazed that it's still successful, although I can't deny that the idea behind it was great. But with such a history with hacks, the split ETH/ETC, bugs and exploits I never invested in it. I didn't find that safe. Maybe it was a mistake.

What I want to tell is that many know more or less about Ethereum problems, but they still trade it and make big bucks of it.

You're right. The idea behind it is good though, and all the ico's took advantage of this, making eth more in demand.


Title: Re: eth is weaker than you think
Post by: sinner on October 18, 2017, 06:44:07 PM
I think that the whole crypto world is still in a beta testing stage. Nothing is perfect. It cannot be yet and it's OK because all cryptos are basically still in development, I think none of them is a final finished product yet.
So just be patient, excuse some bugs and mistakes and we'll see in 10 years how things will look like :)

Agree, we are far from the finish line.  No dapps have significant usage yet, and the Google/Facebook/Twitter/Youtube analogs prob dont even exist yet. (well, maybe some.. OpenBazaar and Steemit are pretty cool)

ETH def leading the pack, but whoever starts banging out useful scalable dapps that are indistinguishable from regular apps is gonna take the lead.


Title: Re: eth is weaker than you think
Post by: MikuMiku on October 18, 2017, 07:24:47 PM
I think you just need give more time to ETH to be perfect. I think the dev of ETH is still quite active.


Title: Re: eth is weaker than you think
Post by: Densitymax on October 18, 2017, 08:11:34 PM
I think that not one platform for smart contracts will not be able to surpass the Ethereum. Just like Bitcoin holds the lead, although there are much more technological counterparts.


Title: Re: eth is weaker than you think
Post by: muncuss on October 18, 2017, 10:27:18 PM
eth grows pure, unlike other highly volatile altcoins, the price of this coin is very stable, but if seen from several years back, eth is the coin that increases most drastically than other large altcoin
of course it's always grow, as long as there are token ICOs it will always has big demand. But beside it, it's still in "grow mode", we'll face metropolis upgrade. i want to know how is the final version of ethereum, i think it'll be big


Title: Re: eth is weaker than you think
Post by: Ging on October 18, 2017, 10:35:23 PM
i totally with the idea is weak i mean that it's blockchain is very strong and had made Ether more stronger like it neverwas


Title: Re: eth is weaker than you think
Post by: Smoothmazi on October 18, 2017, 10:41:27 PM
So what is the goal behind your post ???...... oooh you want us to panic sell or what ::)


Title: Re: eth is weaker than you think
Post by: SvenBomvolen on October 18, 2017, 10:47:06 PM
Ethereum is beta, it is not secret! So problems can be.
But developers trying to do best things for it!
That's right. Etherum has the best promotion and support among other currencies and it's take position of Beta in the right sense. Meanwhile there is a possibility of making Etherum as Russian national crypto-currency and I don't know what kind of changings it may bring.
I don't want to argue with anybody, it's just my opinion and conclusion about latest news from Russia and the remaining world.


Title: Re: eth is weaker than you think
Post by: ChinkyEyes on October 18, 2017, 10:49:56 PM
I think that the whole crypto world is still in a beta testing stage. Nothing is perfect. It cannot be yet and it's OK because all cryptos are basically still in development, I think none of them is a final finished product yet.
So just be patient, excuse some bugs and mistakes and we'll see in 10 years how things will look like :)

I agree, there needs to change a whole lot before crypto/blockchain will become mainstream.


Title: Re: eth is weaker than you think
Post by: Febo on October 18, 2017, 11:01:22 PM
Everything takes time. Even bitcoin is not perfect in many ways but we are growing as a community and supporting for a brighter future.

You are nor serious.  bitcoin is actually perfect toward Etehreum.  You dont risk anything in bitcoin. Your transaction is backed by lots of hashpower that will come to right recipient.   Ethereum is an "immutable code" and you never know who much mistakes is in all that "immutable code"


Title: Re: eth is weaker than you think
Post by: hahahafr on October 18, 2017, 11:08:20 PM
Ethereum has became to a speculation coin, i dont know what is gonna be of Ethereum in the next years, but its price will probably keep going up for the next years or months, because it has a stronger community and everybody likes Ethereum, and consider it as the Vice-King of altcoins.
But it is quiet right now, standing in the $300 and $330 levels, and its path is a little bit weird, i dont know what to expect from it.


Title: Re: eth is weaker than you think
Post by: Lagduf on October 18, 2017, 11:27:51 PM
https://www.coindesk.com/ethereums-geth-client-finds-vulnerability-less-two-days-before-fork/

check this articles. some core developer may not contribute frequently. such as CJentzsch, tgerring, gavofyork.
I hope ethereum could attract more talent and continuous grow, especially speed up pow -> pos transition. How the miner will react to future event, move away quitely to other mining project?
That problem already resolved, As you can see the new update to fixed the vulnerability already rolled out before the hardfrok already happened.
What about if the ethereum will be based on the stake just like neo? It looks interesting to see. But i ethereum will try to move towards the new talent and improvment.
As you can see a lot of the update for the future of ethereum development.


Title: Re: eth is weaker than you think
Post by: Haitham on October 19, 2017, 12:32:42 AM
Well the whole smart contracts thing is a beta still.... but ETH is the master of that so far :)


Title: Re: eth is weaker than you think
Post by: stealth.money on October 19, 2017, 12:37:11 AM
https://www.coindesk.com/ethereums-geth-client-finds-vulnerability-less-two-days-before-fork/

check this articles. some core developer may not contribute frequently. such as CJentzsch, tgerring, gavofyork.
I hope ethereum could attract more talent and continuous grow, especially speed up pow -> pos transition. How the miner will react to future event, move away quitely to other mining project?

I think Eth is a clogging and vaporware scam everyone start to abandoning it, including the massive miners because of Eth moving to POS. People like gavofyork is moving on to start his own scam.


Title: Re: eth is weaker than you think
Post by: moataz_ansary on October 19, 2017, 12:43:14 AM
Dear Sir,
I disagree with u
I see Eth is stronger than you think
Great new contracts
Great future
And TA don't say anything else except Moon
See u @ 500$ then 700$ in next months
With all my best wishes
Regards


Title: Re: eth is weaker than you think
Post by: Gastotade on October 19, 2017, 12:45:22 AM
https://www.coindesk.com/ethereums-geth-client-finds-vulnerability-less-two-days-before-fork/

check this articles. some core developer may not contribute frequently. such as CJentzsch, tgerring, gavofyork.
I hope ethereum could attract more talent and continuous grow, especially speed up pow -> pos transition. How the miner will react to future event, move away quitely to other mining project?

I think Eth is a clogging and vaporware scam everyone start to abandoning it, including the massive miners because of Eth moving to POS
Well it was just a fud by now many were still using eth now,apparently PoS having sounds now and might take by considering near soon, i think it's already in process.


Title: Re: eth is weaker than you think
Post by: logosobscura on October 19, 2017, 01:23:21 AM
I think Eth is a clogging and vaporware scam everyone start to abandoning it, including the massive miners because of Eth moving to POS. People like gavofyork is moving on to start his own scam.

I'm pretty certain it won't- I saw the same bullshit back in the early days of BTC, and here is the fact of it: all cryptocurrencies are based on a common belief in them- they have value because people ascribe value to them. I've heard people talking about Ethereum in my barber shop, awareness is that high. Combine that with the EEA, it's here to stay. If the core developers change- doesn't matter, happened with Satoshi on BTC, happened a dozen times since then. It's also clearly not vaporware- it exists, it has an active and vibrant community of people building on their chain. Will it ultimately fulfill it's promise? That's a more interesting question and a slow death not a big bang question- but that faces all of the cryptocurrencies, they have to innovate to stay relevant and deliver on what they say even if they don't do it in the timescales originally planned.

Good luck with Ark btw.


Title: Re: eth is weaker than you think
Post by: bundo on October 19, 2017, 01:43:44 AM
All will have disadvantages but all need revamping, still has value because Etherium is one of the progressive altcoin with different breakthrough Blockchain Etherium with Blockchain bitcoin. Blockchain Etherium allows for smart contracts and Dapps


Title: Re: eth is weaker than you think
Post by: sic57005 on October 19, 2017, 01:45:50 AM
Before criticizing of ETH strength let's thing about its strategical place. ETH supports smart contracts and custom tokens creation which leads to creating of most current ICOs. Whatever you think about profitability, scamness, usefulness, the fact is that these ICOs are attracting huge amount of people to cryptocurrencies. There's still no chance to convince 99% of people to buy BTC, because of their economical beliefs. Buying "nothing" for real money sounds like scam for almost everybody. On the other hand ICOs offering more habitual understandable scheme of buying some kind of shares of some real business. We here all know that's not the whole truth, that assets not the same as shares, but this is not common knowledge. Without ICOs there will be almost nothing about to write in public medias, remember late 2013: "BTC price goes up!", "BTC price goes down!" again and again, nothing catchy.

In short: No ICOs => No public media / real people attraction => Low BTC
Low ETH => Less ICO interest => Higher probability of the implication of above

So ETH is damn stronger than seems on a first sight, in terms of its real long-term influence.


Title: Re: eth is weaker than you think
Post by: webofunni on October 19, 2017, 01:52:20 AM
With all those big players backing it ( https://entethalliance.org/members/ ), how can ethereum can be considered as a vapourware. Ethereum is the fastest growing blockchain project at the moment and with the direction it is heading I am sure it will soon surpass BTC market cap.


Title: Re: eth is weaker than you think
Post by: subG on October 19, 2017, 01:58:10 AM
I would never say Ethereum is weak, it is actually the best altcoin at the moment.  Being second only to Bitcoins.  There are many current and up and coming projects that are and will be on the Ethereum blockchain.  ETH's price is currently starting to reflect these accomplishments. 


Title: Re: eth is weaker than you think
Post by: sic57005 on October 19, 2017, 02:02:12 AM
Moreover, if by some reason price of ETH will significantly fall, the most people invested in altcoins will start doubting of their perspectives and the hugely panic sell to BTC will be quite predictable. Well, you say "cool, then BTC will raise", but this is not the story. Actually BTC network will not stand that amount of transactions and we will see again super slow and expensive transactions. Many people will react negatively on this, and you guess what will happen next.

So, to conclude: any significant (more than 2x price fall for ETH in relatively short time) => we screwed (or at least years will be required to recover).


Title: Re: eth is weaker than you think
Post by: defunctec on October 19, 2017, 02:13:09 AM

Ethereum is not that great, but it was a game changer when it hit the scene. I honestly think the problem with the platform is that there's no one on the Ethereum team who is not a hardcore nerd. They need someone who can simplify the interface and make it so that anyone can use it. Why is there not even a login screen on the homepage? That's shocking.


Title: Re: eth is weaker than you think
Post by: Altas on October 19, 2017, 02:32:18 AM
Ethereum is not that weaker as people have put forth. By the starting of the year ethereum was not in such a growth level, but in a short the price pumping took it to a large growth scale. This made the price reach a big range and lead the entire altcoins network.


Title: Re: eth is weaker than you think
Post by: Filmmmakerr on October 19, 2017, 03:11:30 AM
Every great thing takes time, the most important thing is the there isa team of people trying to advance etheruem and no one has abandoned it or left it as is. So far, Eth has been great but in a few years I believe it'll be revolutionary.


Title: Re: eth is weaker than you think
Post by: feelideb on October 19, 2017, 04:03:15 AM
Ethereum development has been gradual and over the year it has accomplish great milestone. The proof is all around us. Ethereum is constantly been worked on and there are still update as we speak. Ethereum is still in beta. The final platform has not been made.


Title: Re: eth is weaker than you think
Post by: logosobscura on October 19, 2017, 04:20:34 AM

Ethereum is not that great, but it was a game changer when it hit the scene. I honestly think the problem with the platform is that there's no one on the Ethereum team who is not a hardcore nerd. They need someone who can simplify the interface and make it so that anyone can use it. Why is there not even a login screen on the homepage? That's shocking.

I'd argue that the bigger problem is that for what it is offering, massively distributed compute, it's ridiculously expensive-  400 million times more expensive when compared logical pound for pound with say AWS. Its dream of executing code everywhere doesn't really work with the current pricing.


Title: Re: eth is weaker than you think
Post by: disconnectme on October 19, 2017, 04:57:52 AM
But the bug you mentioned was fixed, we all know that Ethereum still has some vunerabilities but this will decrease as time goes, Rome was not built in a day


Title: Re: eth is weaker than you think
Post by: NaissuR on October 19, 2017, 05:07:34 AM

i believe that Komodo and Cardano will be better solutions,


Title: Re: eth is weaker than you think
Post by: Legendari on October 19, 2017, 05:18:32 AM
Yes Ethereum is not perfect, but he is much better than most coins on the market and the developers are actively developing the coin.


Title: Re: eth is weaker than you think
Post by: Amalker on October 19, 2017, 06:01:03 AM
ETH constantly growing and evolving in contrast to the same BTC. And there is a good opportunity to become a new "king" of cryptoworld, not now, but in 2-3 years it's possible.


Title: Re: eth is weaker than you think
Post by: adam1230 on October 19, 2017, 06:28:02 AM
This is why we love ethereum. Dev is working hard to fix problems. And there will be more forks as mentioned on roadmap.
No need to panic and sell


Title: Re: eth is weaker than you think
Post by: Gastotade on October 19, 2017, 07:30:40 AM
This is why we love ethereum. Dev is working hard to fix problems. And there will be more forks as mentioned on roadmap.
No need to panic and sell

Yup eth will be like btc soon,more will acquire it since we can't depend on btc all along we must try others too. Not only for our benefits but to experience what eth can give too.


Title: Re: eth is weaker than you think
Post by: Cnut237 on October 19, 2017, 07:45:58 AM
Everything has its weaknesses, and nothing in crypto is a mature technology yet. But I think Ethereum is better than most, which is part of why it is number 2 in the charts and the top alt. I say have faith and give it time to mature.


Title: Re: eth is weaker than you think
Post by: Fundamentals Of on October 19, 2017, 07:54:41 AM
There are already several threads writing about Ethereum as not as solid as it appears to be. However I believe a certain coin is only as solid as its support. It is only as strong as the strength of support its followers show and commit. I guess ethereum started off a bit weaker. But as time passes by and projects as well as investors are starting to back ethereum up, it also grows more solid and stable.


Title: Re: eth is weaker than you think
Post by: ryanben on October 19, 2017, 07:57:38 AM
One issue that caused ETH prices to be hampered was the unknown amount of supply. This makes investors hesitate and trust Bitcoin, if ETH overcome this weakness, the price of ETH will grow ceaselessly.


Title: Re: eth is weaker than you think
Post by: RautK on October 19, 2017, 08:01:01 AM
https://www.coindesk.com/ethereums-geth-client-finds-vulnerability-less-two-days-before-fork/

check this articles. some core developer may not contribute frequently. such as CJentzsch, tgerring, gavofyork.
I hope ethereum could attract more talent and continuous grow, especially speed up pow -> pos transition. How the miner will react to future event, move away quitely to other mining project?

Well in retrospection it all looks good and with more and more development I think ETH performance should better. Its been a few days since the Byzantium hard fork ..


Title: Re: eth is weaker than you think
Post by: hua_hui on October 19, 2017, 08:01:44 AM
https://www.coindesk.com/ethereums-geth-client-finds-vulnerability-less-two-days-before-fork/

check this articles. some core developer may not contribute frequently. such as CJentzsch, tgerring, gavofyork.
I hope ethereum could attract more talent and continuous grow, especially speed up pow -> pos transition. How the miner will react to future event, move away quitely to other mining project?

It happens everywhere. That is why dev team is very important. Even bitcoin also have its flaws and iota also did not escape from the same situation. That is why neo also got bounty and CoZ council team to help them do check. One very promising ICO quantstamp is getting more and more important for our cryptospace is that it verify smart contract so they can help to prevent similar things from happening.


Title: Re: eth is weaker than you think
Post by: ubeng07 on October 19, 2017, 08:12:40 AM
Everything has its weaknesses, and nothing in crypto is a mature technology yet. But I think Ethereum is better than most, which is part of why it is number 2 in the charts and the top alt. I say have faith and give it time to mature.
As we can see this altcoin eth are growing yes not so totally unlike bitcoin but we see that the growing of this coin is much better than other and I believe that if ETH surpassed its weakness may it be the time that this coin will be known and more investors will go for it.


Title: Re: eth is weaker than you think
Post by: magiccarpett on October 19, 2017, 08:20:14 AM
eth is the best alt coin for now.


Title: Re: eth is weaker than you think
Post by: SGToken on October 19, 2017, 08:24:29 AM
ETH has the best use case potential and a strong community. But somehow its price couldn't break its ATH. No price rise even after its recent upgrade.


Title: Re: eth is weaker than you think
Post by: ArrogantPeacock on October 19, 2017, 12:18:19 PM
just because they found vulnerabilities doesn't mean the entire system is weak. Don't forget ETH is still in beta more or less and it's an evolving product/service/platform, develops learn from mistakes and that's a lesson that they've learned as well (recent fork preparations etc.) by going through all of this is a learn process and is something that has never been done before (such a massive open platform) so you should be more worried if everything is going fine instead of worrying if something doesn't. I'm happy that the develors and community is so open to criticism and things are not done behind closed doors, it's an open project and everyone can contribute his own way, which is beautilful. Ethereum will rise stronger after the fork and continue that way for many years to come.


Title: Re: eth is weaker than you think
Post by: meanwords on October 19, 2017, 12:54:20 PM
Well, everything has it's ups and downs even Bitcoin has but alot of people supports it. Ethereum is one of the most popular coin in the cryptoworld so even if it has a technical problems or anything, people will still support it because they know that Ethereum have the best teams in it that will do anything to fix the problem.


Title: Re: eth is weaker than you think
Post by: LuckyCheetah on October 19, 2017, 01:46:42 PM
If ETH is weak, what about other altcoins? Do we have any shining long-term examples of excellence? I think not.

It's not that we should expect nothing more from devs, but I think it's robust enough when compared to the market in general.


Title: Re: eth is weaker than you think
Post by: linaross on October 19, 2017, 02:41:23 PM
Ethereum is beta, it is not secret! So problems can be.
But developers trying to do best things for it!

yes, I agree with you. there is still much that ethereum can do, they also have a strong community as their supporters.
attention this person hacked the acount
caution !!!!!!!!!!!!! its not roselee .........


Title: Re: eth is weaker than you think
Post by: Anndrianno on October 19, 2017, 02:44:41 PM
I've never thought it was strong, but people still love the damned thing- all crazy about those smart contracts. Will see what Buterin is up to))


Title: Re: eth is weaker than you think
Post by: honeyduckgoose on October 19, 2017, 03:06:33 PM
It is common knowledge that they are still in the early stages of development and will take time. I think it is just very impressive how quickly they have grown in power and market share.

I expect them to continue to grow with Bitcoin and I truly believe that one day they will catch them.


Title: Re: eth is weaker than you think
Post by: Zaducis on October 19, 2017, 03:14:11 PM
I've never thought it was strong, but people still love the damned thing- all crazy about those smart contracts. Will see what Buterin is up to))

This is a new page for the development of the Internet. Huge opportunities open up for business and transparency for users.


Title: Re: eth is weaker than you think
Post by: bitofc on October 19, 2017, 03:35:14 PM
because as of now, most ICO's price end up much lower than ICO price shortly after start trading, so the demand for new ICO will be less.  and ICO projects need to lidiquate their collected ETH to pay for their expenditure.  so when sell > demand, price become weaker!


Title: Re: eth is weaker than you think
Post by: cioloxl on October 19, 2017, 03:46:41 PM
Eth is a pioneer. There will be problems. But, like Bitcoin before it, it created an industry standard. Bar some catastrophe, it will stay the king of ico platforms for the foreseeable future. 


Title: Re: eth is weaker than you think
Post by: gurunanakji777 on October 19, 2017, 03:48:15 PM
I do not agree with your comment. Ethereum is very strong alt coin. It is one of the best alt coin in crypto currency market. Most of the new ICOs & new alt coin are ethereum based. It has huge potential but they need to work on their Wallet & security features to make it more secure. If they do so ethereum will move up more faster.


Title: Re: eth is weaker than you think
Post by: blozo on October 19, 2017, 03:51:33 PM
Coindesk is not really objective with Ethereum: a lot of bad articles and FUD  >:(


Title: Re: eth is weaker than you think
Post by: bhobafett on October 19, 2017, 06:18:07 PM
Everything takes time. Even bitcoin is not perfect in many ways but we are growing as a community and supporting for a brighter future.

Yes I totally agree with this one. It'll takes time to be more develop even bitcoin does since the time it was introduce, it is not that perfect enough to be known by the whole world. So same goes as Eth.


Title: Re: eth is weaker than you think
Post by: tundexijim on October 19, 2017, 06:24:35 PM
None can be perfect. That's why we have diverse of it to complement each other.


Title: Re: eth is weaker than you think
Post by: Durr_1412 on October 19, 2017, 11:20:35 PM
Miner always have their options, there can be another newborn ethereum for the future.


Title: Re: eth is weaker than you think
Post by: XbladeX on October 19, 2017, 11:23:21 PM
Everything takes time. Even bitcoin is not perfect in many ways but we are growing as a community and supporting for a brighter future.

But etherum is not for fre eand open like BTC is.
ETH was made for purpose to make money and they state is in whitepater.
I don't belive that volunteeres will ome and fix ETH this is f. joke.
they were paid for makeing good job this token is for 30 bilons on market come one..


Title: Re: eth is weaker than you think
Post by: v3liana on October 19, 2017, 11:58:56 PM
yes its there is nothing that flawless. but i believe eth still the best among all of them that has similar project like eth. so i still love eth